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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Goldman Sachs Group Inc | NYSE:GS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
7.85 | 1.87% | 427.90 | 428.53 | 419.64 | 420.23 | 2,322,677 | 00:49:51 |
By Natasha Brereton-Fukui
SSG Resources Ltd., a special-purpose vehicle created by the State of Sarawak in Malaysia, is seeking to price Wednesday a 10-year benchmark dollar bond to yield 4.375% to 4.5% over comparable Treasurys, according to a term sheet detailing final guidance seen by Dow Jones Newswires.
The planned fixed rate, senior secured bond, which is guaranteed by SSG Capital Holdings Sdn. Bhd., is provisionally rated A3 by Moody's Investors Service and A-minus by Standard & Poor's Ratings Services.
The bond's Reg S status means it doesn't need to be registered with the Securities & Exchange Commission, but also prevents it from being sold to U.S. investors.
Goldman Sachs is lead manager and sole bookrunner.
Write to Natasha Brereton-Fukui at natasha.brereton-fukui@dowjones.com
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